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  2. Merton's portfolio problem - Wikipedia

    en.wikipedia.org/wiki/Merton's_portfolio_problem

    Although this cost structure seems unrepresentative of real life transaction costs, it can be used to find approximate solutions in cases with additional assets, [11] for example individual stocks, where it becomes difficult or intractable to give exact solutions for the problem. The assumption of constant investment opportunities can be relaxed.

  3. Bonds backed by commercial mortgages are a 'disaster' as real ...

    www.aol.com/bonds-backed-commercial-mortgages...

    Devaney, whose fund was pummeled during the 2008 subprime mortgage crisis, said he saw more trouble ahead for commercial mortgage-backed securities, which are bonds backed by loans on commercial ...

  4. Why the blowout jobs report is tanking stocks and sending ...

    www.aol.com/why-blowout-jobs-report-tanking...

    In commodities, bonds, and crypto: West Texas Intermediate crude oil surged 4.06% to $76.92 a barrel. Brent crude , the international benchmark, was higher by 3.82% at $79.86 a barrel.

  5. Stock market today: Indexes slip as bond yields disrupt ... - AOL

    www.aol.com/stock-market-today-indexes-slip...

    Meanwhile, stock investors are still awaiting a "Santa Claus rally," a five-day trading stretch marked by big gains at the year's end. Here's where US indexes stood shortly after the 9:30 a.m ...

  6. Stock market today: Wall Street slumps as good news for the ...

    www.aol.com/stock-market-today-asian-shares...

    Good news on the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 ...

  7. Equity premium puzzle - Wikipedia

    en.wikipedia.org/wiki/Equity_premium_puzzle

    The mystery of stock premiums occupies a special place in financial and economic theories, and more progress is needed to understand the spread of stocks on bonds. Over time, as well as to determine the factors driving equity premium in various countries / regions may still be active research agenda.

  8. Holdout problem - Wikipedia

    en.wikipedia.org/wiki/Holdout_problem

    In finance, a holdout problem occurs when a bond issuer is in default or nears default, and launches an exchange offer in an attempt to restructure debt held by existing bond holders. Such exchange offers typically require the consent of holders of some minimum portion of the total outstanding debt, often in excess of 90%, because, unless the ...

  9. The stock market sell-off is all about the 'pain trade' in bonds

    www.aol.com/finance/stock-market-sell-off-pain...

    Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance Show comments